TEXAS REAL ESTATE PROPERTY MANAGEMENT FINAL EXAM ACTUAL EXAM 240 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES
0 view 0 purchase
Course
TEXAS REAL
Institution
TEXAS REAL
TEXAS REAL ESTATE PROPERTY MANAGEMENT FINAL EXAM ACTUAL EXAM 240 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES/TEXAS REAL ESTATE PROPERTY MANAGEMENT FINAL EXAM ACTUAL EXAM 240 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES
TEXAS REAL ESTATE PROPERTY MANAGEMENT FINAL EXAM 2024-2025 ACTUAL EXAM 240 QUESTIONS
AND CORRECT DETAILED ANSWERS WITH RATIONALES
Which organization initiates research that anticipates emerging land use trends and issues,
proposing creative solutions based on that research.
ULI
BOMA
NAIOP
IREM - correct answer ULI
Which organization has the Accredited Resident Manager designation?
IREM
BOMA
NAIOP
ULI - correct answer IREM
Which organization would you turn to in order to obtain rental forms for Texas apartment
housing?
TAIOP
TOMA
TAA
TAR - correct answer TAA
Which of the following is included in the calculation of cash flow?
Mortgage Payments
Operating expenses
Capital expenditures
All of the above - correct answer All of the above
Which of the following factors is unimportant in determining the amount of rent a landlord
could charge?
,TEXAS REAL ESTATE PROPERTY MANAGEMENT FINAL EXAM 2024-2025 ACTUAL EXAM 240 QUESTIONS
AND CORRECT DETAILED ANSWERS WITH RATIONALES
Interest rates
Location of property
Condition of property
Corporate entity - correct answer Corporate entity
What is the purpose of the capital reserve?
To provide a place to keep security deposits
To provide money to pay insurance premiums
To provide funds for deferred maintenance
To reserve units for preferred tenants - correct answer To provide funds for deferred
maintenance
What functions would a newsletter perform in a marketing plan?
Increase visibility
Market services
Develop leads
All of the above - correct answer All of the above
Which of the following would be a good source for finding new clients?
Real estate developers
REO departments
Trade Associations
All of the above - correct answer All of the above
What is a blog?
a tweet
,TEXAS REAL ESTATE PROPERTY MANAGEMENT FINAL EXAM 2024-2025 ACTUAL EXAM 240 QUESTIONS
AND CORRECT DETAILED ANSWERS WITH RATIONALES
a video
an informational website
a press release - correct answer an informational website
Which of the following types of advertising can be regulated by the Texas Real Estate
Commission?
TV and radio ads
Internet ads
Bait-and-switch ads
Direct mail - correct answer Bait-and-switch ads
When marketing residential properties, direct mail should be used _____________.
sparingly
to reach specific audiences
only if approved by the TREC
never - correct answer to reach specific audiences
The Texas Real Estate Commission can only regulate advertising by a broker in which instance?
When the broker is using his or her trade name in the ad
When the ad is on a public broadcasting network
To prohibit false, deceptive or misleading statements by the broker
When the broker personally appears in the ad - correct answer To prohibit false, deceptive or
misleading statements by the broker
What questions on a job application are good for screening candidates?
, TEXAS REAL ESTATE PROPERTY MANAGEMENT FINAL EXAM 2024-2025 ACTUAL EXAM 240 QUESTIONS
AND CORRECT DETAILED ANSWERS WITH RATIONALES
All of the above - correct answer All of the above
What are the advantages to using a recruiter to fill positions for you?
They screen the applicants.
They save you time.
They charge a fee.
A and B - correct answer A and B
Which of the following should not be part of a job application form?
Education history
Medical history
References
Job history - correct answer Medical history
Which type of tenant will be most interested in the co-tenancy of the property?
Office
Industrial
Church
Retail - correct answer Retail
What is an investor's primary concern in looking at a property to purchase?
Cap rate
Physical condition of the property
Curb appeal
Resale potential - correct answer Cap rate
All of the following are examples of revenue on the Cash Flow Statement except
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller gradebooster. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $17.99. You're not tied to anything after your purchase.
